$ETH is trading around $2,500, and this level is becoming a key battle between buyers and sellers.
After Thursdayâs market flush wiped out around $356M in ETH positions, Ethereum is trying to hold its ground. The price is showing some resilience, but Iâm still waiting for a stronger confirmation before calling it a reversal.
đč Key Support: $2,500 â bulls need to defend this level.
đč Upside Targets: $2,550 first, followed by $2,650 if buyers take control.
đč Downside Risk: A break below the recent low near $2,490 could give sellers the advantage.
đč Market Pressure: ETH ETF outflows are another factor worth watching.
Personally, I want to see ETH close above $2,550 on the daily candle before getting more confident about a bullish move. Until then, Iâm treating this as a range-bound market.
đŹ Is $2,500 a strong support level, or just a temporary price magnet? What's your target for ETH?
â ïž Not financial advice. Always do your own research (DYOR).
#ETH #Ethereum #CryptoMarket #BinanceSquare #CryptoAnalysis